Author: Ramona Adams|| Date Published: August 28, 2017
Israel has signed an agreement with the U.S. government and Lockheed Martin (NYSE: LMT) to buy an additional 17 F-35 fighter jets worth approximately $1.7 billion, The Times of Israel reported Sunday.
Israel’s defense ministry said Lockheed is slated to deliver the new batch of 17 F-35s by December 2024 after the country’s initial order of 33 aircraft is completely shipped off in 2021.
The ministry added the U.S. government negotiated with Lockheed to reduce the cost of the fighter aircraft to less than $100 million per unit, the report noted.
The Israeli air force currently owns five F-35s and expects to declare the aircraft as operational in 2018.
Chuck Brooks is the president of Brooks Consulting International and one of Executive Mosaic’s GovCon Experts. Most people associate the Department of…
CGI Federal has been tapped to continue supporting GSA’s financial systems environment The Momentum-as-a-Service model bundles software licensing, hosting and…
Helton will oversee infrastructure modernization, facilities, environmental health and safety, and security at the shipyard Helton arrives from HII’s Ingalls…
Israel has signed an agreement with the U.S. government and Lockheed Martin (NYSE: LMT) to buy an additional 17 F-35 fighter jets worth approximately $1.7 billion, The Times of Israel reported Sunday.
